GBPCHF M5 Triple Bottom

The Triple Bottom pattern has formed on the chart of GBPCHF M5. The lower boundary is at 1.0915, while the upper boundary is at 1.0922/1.0920. The projected width is 7 points. The formation of the Triple Bottom pattern most likely indicates a change from a downward to an upward trend. If the confirmation resistance at 1.0922 is broken, the price is likely to continue upward.